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Just doesnt make sense to me that I would be willing to take a full loss on my full lot, all the while taking less on my winners. Maybe it was just me though. Every trader has their own way. |
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I pretty much agree totally with what smwinc posted. The problem with scaling out is you need to have an extremely high win rate that is extremely consistent. If your putting on full risk on losers and scaling out then you will never have full risk on for your big wins, but will have it on for losers. To me the long term problem with that is your never going to be able to figure out when a massive buy/sell program comes in and sweeps the market, or a random news event moves the market. You will be on the wrong side of that event with full risk on and not ever get lucky and have full risk on while being on the correct side of that event.